Dec 4, 2012 12:00am PST
from behind. for more on this, i am joined by coral davenport, the energy and environment correspondent for "national journal." you read a lot of these reports. as you read this one, what struck you as brand new? >> what's new about this report is for the past 18 years the united nation's climate change has been working towards one specific goal. that is cutting carbon emissions before the global average temperature increases by two degrees celsius or 3.6 degrees fahrenheit. that's the critical point we can't go past. it's a point of no return. what this study tells us is that the culmination of the carbon dioxide that's already in the atmosphere and the carbon dioxide that's projected to come into the atmosphere over the next few years with development from india and china is already so much that it is almost inevitable that we will go past that two-degree... that two-degree critical mark. we're pretty much on track at this point now to go past the point that we've all been trying to avoid. >> ifill: if we go past it, what happens? >> it's a big point. the two-degree mark is the point
Nov 30, 2012 6:30pm PST
. the consumer discretionary sector gained 3% in november. among utility stocks today, duke energy jumped 2.3%. the firm has been subject to a board room drama since july. c.e.o. jim rogers has agreed to retire at the end of next year. on the consumer side, wal-mart added 1.7%, ending at a three week high. this was the biggest gain of any dow jones stock today. if you use fed-ex you may be paying more next year. the delivery company will raise its ground and home delivery shipping fees at average of 4.9% next year. the higher prices didn't lead to a higher share price today. the stock fell 1.4%. fed-ex has warned of customers seeking out cheaper shipping options. meantime, the inability to raise prices hit versign. you may recognize the company logo from the internet. verisign manages internet addresses, translating the web addresses into digits that computers use to communicate. the company won a new contract from the government to oversee web addresses, but it can't raise prices. and that sent shares plunging, falling 13.2%. volume jumped tenfold. this is its lowest price since december.